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Vatican denies knowledge of $1.8 billion transferred to Australia

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December 31, 2020
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VATICAN CITY (Reuters) – The Vatican and the Australian Catholic Church have each denied information of transfers price US$1.8 billion which Australia’s monetary watchdog says have been despatched from Rome to Australia up to now seven years.

FILE PHOTO: A basic view of the abandoned St. Peter’s Sq. on Christmas Day amidst the coronavirus illness (COVID-19) lockdown, on the Vatican, December 25, 2020. REUTERS/Yara Nardi/File Picture

“That sum of money and that variety of transfers didn’t depart the Vatican Metropolis,” a senior Vatican official with information of the city-state’s funds mentioned on Wednesday.

The official, who spoke on situation of anonymity, mentioned the Vatican could be looking for particulars from Australian authorities on the precise origin and vacation spot of the cash.

“It’s not our cash as a result of we don’t have that form of cash,” he mentioned. “I’m completely surprised.”

The figures had been made public in December by the Australian Transaction Reviews and Evaluation Centre (AUSTRAC) in response to a parliamentary query by Australian Senator Concetta Fierravanti-Wells, and first reported by the newspaper The Australian.

They concerned about 47,000 separate transfers, based on AUSTRAC.

Archbishop Mark Coleridge of Brisbane advised Reuters the Australian Church was not conscious of any such transfers: “I can guarantee you that no diocese or different Church entity noticed any of the cash.”

Fierravanti-Wells had requested what funds had been transferred to Australia “from the Vatican or any of its entities, or people related to the Vatican or Vatican entities” since 2014.

The official in Rome mentioned the Vatican had round 100 authorized entities, together with hospitals and the like, “however they don’t have that form of cash”.

AUSTRAC mentioned the transfers ranged from yearly totals of A$71.6 million (US$55.2 million) in 2014 to A$581.3 million (US$448.0) million in 2017.

In an e-mail to Reuters on Dec. 24, AUSTRAC mentioned it had no additional remark. On Thursday, in an additional e-mail, it mentioned it couldn’t touch upon the specifics of this story earlier than subsequent week.

“SCIENCE FICTION”

Two Vatican places of work deal with cash transfers – its financial institution, generally generally known as the IOR, and APSA, the Administration of the Patrimony of the Holy See.

The Vatican official mentioned APSA had despatched lower than 800,000 euros (US$980,000) to Australia since 2014, principally for fee of salaries and bills for the Vatican embassy, in addition to pensions and journey prices.

Equally, the cash despatched to Australia by the IOR for its shoppers, usually members of spiritual orders, was nowhere close to the quantities listed by AUSTRAC, he mentioned.

“The Holy See’s whole yearly funds is about 330 million euros. The (AUSTRAC) figures are about 4 occasions that,” the official mentioned. “It looks as if science fiction.”

He mentioned the Vatican wished to search out out if others had illegally used its identify or that of a associated entity to maneuver cash via banks in different nations.

Archbishop Coleridge mentioned the funds had not been used for monetary settlements with victims of sexual abuse or for authorized prices associated to Cardinal George Pell.

“Given the hypothesis that’s rife, there’s a want for clarification,” he mentioned.

Pell labored within the Vatican as its treasurer from 2014 to 2017, when he returned to his native Australia to face prices of historic sexual abuse.

He spent 404 days in jail earlier than his conviction was overturned final April, and he’s presently in Rome. He didn’t reply to a request for remark. ($1 = 1.2975 Australian {dollars}) ($1 = 0.8137 euros)

Adittional reporting by Sonali Paul in Melbourne; Modifying by Kevin Liffey



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